2012-12-22
2012-12-30
x washington

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MSNBCW 44
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English 344

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with your friends as well. we are all lucky to live in san francisco, because so many of our technology companies have located their headquarters here in san francisco. [cheers and applause] and because they're located here, we can always ask them for a favor here and there and make sure no one is left out, because that is what we do in government. david chiu and i come from backgrounds where we do not want to leave anybody behind. we want everybody to enjoy the riches of technology. we want them to enjoy the economy in san francisco. that is why we're working so hard to make sure our central marketplace is welcoming of all these technology companies, making sure that we can work with other cities. i am very lucky to be part of the u.s. conference of mayors, and they allow me to represent san francisco as the innovative center for all the rest of the cities across the country. so we get to compare information and there. what these days i will get to talk to you while i am in washington, d.c., and you can hear what i am saying across there, so we can enjoy it -- wherever i go, you know i

. so, before the mobile phone only to technologies had spread as widely as the mobile phone. no technology has spread as rapidly as the mobile phone. the only other recent one was the transistor radio and before that, it was fired to spread as wildly. so, what is the -- we know what it means in our lives and what smart phones been and all that but what does it mean for the majority of the world's population. it was built highways, communication highways and labor never connected before. in afghanistan we talk about story that you asked about entrepreneurs and was responsible for creating the afghan cell phone company. this is the biggest story in afghanistan and the last ten years. we don't hear about it. why? because the fact that more afghans today have access and know how to read or write, when a decade ago they would have had to walk 700 miles to make a phone call. but that's not a story. what is a story? it is a big story. i would imagine it is something that means a lot to them in terms of their key devotees. but what is even more exciting, you think about when we buil

to you empty spaces but beware. that technology isn't perfect. cornell is live in san francisco. >> there are 29,000 parking spaces in san francisco. 7000 of them are smart like these equipment technology to help smart phone app signal where empty parking spaces are but doesn't always work finding parking in san francisco. can be a mission impossible. >> drive around for like half hour sometimes. easily. >>reporter: san francisco is one city in the bay area using smart parking technology which adiscuss praises and meters and senses determine if a space is vacant. parking app use the information to help you find the nearest space. officials admit only 90 percent accurate. >> anything as far as using new technology can't be absolutely perfect but what we have done is to look at this ongoing basis and make tweak when we can. >>reporter: we down loaded the free park app including empty spaces on haight street near franklin. 6 minutes later we were there but only found a very crowded street. this time it appears the app let us down. not a single space here on haight street a

the container royalty fund. it was established in the 1960s to help dockworkers displaced by technology, the port alliance says these days those royalties serve as a bonus to workers, not a safety net. but the union disagrees saying the payments still help compensate workers for lost job opportunities. florida is home to almost a third of the ports that would be affected by the potential strike, governor rick scott says he's still thinks a deal will be reached, but if it doesn't he's counting on washington to step in. allison worrell, "n.b.r.," fort lauderdale, florida. >> susie: volatility was the word of the day here on wall street. investors were fixated on the war of words in washington over the fiscal cliff, and shrugged off some encouraging news today about jobs. fewer americans filed for jobless benefits last week: new claims fell 12,000 to 350,000. but the labor department says the christmas holiday may have distorted the numbers, as some state offices were closed monday and tuesday and could not provide data. in the markets, the volatility index, or what's often called the "fea

are the big challenges year, what are the things different now? from a technology perspective, this is pretty easy. i can tell you that if we were to do this today, you would say, i cannot believe you were using lte phones and 4g, as i am using 6g. joining us is a director for cisco systems business solution group, which is a global strategy and consulting arm. prior to that, he was president and ceo of government's strategy is of a leading market research firm from 2001 to 2003 heading the industry advisory council, a founding member of a council, and he spent 28 years in the federal government, including being the first cio at the department of commerce, and he is also a winner. doug bourgeois is the chief for vmware. prior to that, he was the director of national business center at interior, where he provided business management services government wide like the ones we talked about he had several roles at fedex. he has also hosted the vmware's i.t. challenge. it airs in the washington, d.c., market. mark forman is the first official c.i.o., president and co-founder of government transacti

's legacy. how are you, sir? >> good morning. >> i'm interested in how technology can revive the dream. let's talk about post partisan ways to use technology to change a lot of the problems we have. >> let's talk about that. everybody agrees that only growth can give us the american dream again and balance the budget. >> how? >> the key to any successful economy in the world today is to have widespread broadband, lots of that internet you were just talking about and very, very cheep and clean energy. if we can move the economy very, very rapidly to cheep and clean energy and to very widespread broadband, we will have the platform on which rapid economic growth will be possible. >> you made the me think about a guest we had a couple of weeks ago. ray was brilliant and talked a lot about the singularity and the future where man and machine and technology will be much more merged than we are now. technology will allow it to do things that are unimaginable at this point. do you foresee that future where technology becomes part of the body and allows it to go to another level. >> the most exciti

and technology? >> it's a good question, and it's one that comes up all the time. and i think the important thing to recognize is, you know, people -- when the airplane came along, okay, the framers had no idea there would be air travel like that. probably except for jefferson. [laughter] but he wasn't around when they were writing the constitution. so does that mean that the commerce clause doesn't apply to air travel? of course not. the principles that the framers meant to establish in the commerce clause certainly can readily be applied to evolving commerce. the court doesn't always get this right. i mean, for example, when wiretaps first came up, you know, when the framers wrote the fourth amendment about searches and seizures, they didn't envisions wiretaps, and the first decision was, well, the fourth amendment momentum apply o this. but it became pretty clear pretty quickly that allowing people to intercept private conversations constituted the same sort of search and seizure of material that the framers want to protect. so you try to find, at least i do -- different judges approach these

to do. >> how reliable is the internet on satellite these days? >> minimally. it is a technology that is the last resort for the internet. if there is no possibility of a physical connection -- there are fewer places in the world who do not have redundant physical connections. most remarkably, that is africa. they have seen six new cables down the coast where previously there was only one cable down the west coast. as much as possible, people are fromer to move away satellite because of the high costs and because what is known as latency, the time delay in making that trip. >> these centers in hudson, l ondon, ashford, when it comes to cybersecurity, would these be prime targets? >> no, i do not think they would be. i take cybersecurity very seriously, but i think the far greater concern is a threat through the network and not the physical threat of infrastructure itself. these buildings are well secured. these buildings operate redundantly with each other. say google and comcast having interconnecting networks. unit set up in los angeles and los angeles -- you would set up in lo

and there are parking app that can guide to you empty spaces but beware. that technology isn't perfect. cornell is live in san francisco. >> there are 29,000 parking spaces in san francisco. 7000 of them are smart like these equipment technology to help smart phone app signal where empty parking spaces are but doesn't always work finding parking in san francisco. can be a mission impossible. >> drive around for like half hour sometimes. easily. >>reporter: san francisco is one city in the bay area using smart parking technology which adiscuss praises and meters and senses determine if a space is vacant. parking app use the information to help you find the nearest space. officials admit only 90 percent accurate. >> anything as far as using new technology can't be absolutely perfect but what we have done is to look at this ongoing basis and make tweak when we can. >>reporter: we down loaded the free park app including empty spaces on haight street near franklin. 6 minutes later we were there but only found a very crowded street. this time it appears the app let us down. not a single spac

:an exploration of reverse engineering of the brain. the national medal of technology recipient attempts to determine how the brain works and apply the knowledge to the creation of intelligent michelin's. to discuss his research with the editor of scientific american mind, . to discuss his research with the editor of scientific american mind,achines . to discuss his research with the editor of scientific american mind,. to discuss his research with the editor of scientific american mind, ingrid wickelgren. >> this is a fascinating book and it is great to be with you. my first question is to try to talk about the main thesis of the book. are you saying that we can basically reverse engineer the human brain, that it is feasible to do that to creates computer mind that is in distinguishable from yours and mine? >> it is feasible. the level of complexity we can handle, i actually describe the basic principles of the neocortex in the book. some people say and i articulate this criticism in the book and respond to it that every one of the hundreds of trillions of connections was placed exactly

, the source of all of our technology and ultimately our military power and potential for growth and we are ttling into over the pale, everybody in silicon view is angling for green subsidies and it is a tragedy. lou: that tragedy compounded by the fact the money that has been spent by this administration if you will on venture money like solyndra has been disastrous. >> they are twisting our venture capitalist, turning people like john doerr into a blithering idiot. john seeking government subsidies. he now wants us to support him rather than him to support the country with wonderful new companies like intel. lou: john is being adaptive to new realities. the primary source of the capital, he is turning to it, i suppose. i want to turn to this book, "the israel test." you take up the issue of the world civilization, importance of israel within it. as capitalist as well as jewish state. you really believe that israel is that strong, that important in the world's future? >> i certainly do. the american economy is heavily dependent on israel today, partly because of the debauchery of silic

for the suggestion. we have about 25 minutes left. we'll come back and talk with jason pontin of the "mit technology review." the subject is about solving big problems in america. we'll take your calls in a moment. [video clip] >> the british admirals and generals were reporting to the crown that the colonists were sending ships everywhere to try to get ammunition and muskets and cannons. this was after the british had sent more troops to boston after the boston tea party and it's clear the colonists were pulling together the ammunition and cannons. the king basically prohibited british ships from taking ammunition and everything to the colonies unless it was officially sanctioned. they were very alert to this. as soon as the collins found out about the order in new hampshire and rhode island, they took the ammunition so everybody knew it was coming in the winter of 77 for-1775 -- in the winter of 1774-1775. >> "washington journal" continues. host: we are focusing on the "mit technology review." we are talking about big problems in the world. we will get to this coverage in just a second. this is ja

vegetable it is. being stuck in a wheelchair to being able to walk again. new technology that is called a medical miracle. check in with kelly wright to see what's coming up on "fox & friends." >> good morning heather and heather. we are following the latest on the fiscal cliff negotiations. there's a big white house meeting going on today. but the white house says it's not open to negotiation. so we will tell you about that. also coming up on the show special drink to make this new year's eve and the skwlooifrng cure for the after all coming up top of the hour. see you then. i did in the last five hours? i played a round of golf. then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i became a ping pong master while recording my debut album. how you ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on not enough car insurance. pre

that companies that try to be innovative are not innovative. well, our technology leaders, the people who really inspired me, they were inspired by these wonderful things happening. i'm going to focus on a little period of time. as short as four years, maybe six or seven. it is that time that orville wright and his brother took off. the world realized -- they did not do that with photoshop. since that first flight, the people who had taken a flight could sit in that first wrote and only three of you would have taken a turn. we did not even have the internet. can you imagine? going from that -- they were building 500 airplanes a year in france by then. in four years. and of course, the airplane was invented by natural selection. we did not help -- we did not know how to do with. the ones that did not tell the pilot, they are today's airplane. [laughter] i believe that kids were inspired by this wonderful short period of time. on the 100th anniversary of the wright brothers applied, at aviation week asked me and others to say what i thought about the first 100 years of aerospace. who were the move

to the experience of a woman like maria montessori. the third principle is innovation and technology. when i say italy everybody will think of the arts and music. they don't think of technology yet we want to persuade you there are lots of things to be discovered. i was working in the world of energy and there i think we have taken enormous steps in the direction of a modern sustainable green economy, what we call now distributed generations of people producing and consuming energy. this is happening at an incredible pace in california and i know california like this is and we want to connect with california. some of the events will require the supports of the leaders that are here present, the leaders of the italian american associations. i am very proud to say that all of the leaders of the italian american associations are gathered today, mr. mayor, and senator assembly man and board of supervisors is here to celebrate with us and ramona blackwell who with the committee of the italians abroad and elected body and we will need your support and it's not just top down but bottom up. we're

eye on 2016. okay, when we come back, from energy to education, to technology. our panel's pick for the good news story of the year. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios olaf gets great rewards for his small business! pizza! [ garth ] olaf's small busins earns 2% cash back on every purchase, ery day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur >> well, just when you thought there wasn't that much to cheer

all aspects of technology that will have tremendous impact. even though they examples you mention are compelling, there are many aspects that come from a human side of nasa as well. i would not subscribe to that kind of recommendation. >> lower the emphasis a bit. >> making a distinction between science and exploration, nasa is more than just a science agency, it is an exploration agency, a tool of u.s. farm policy. just looking at sites as defined in the service, it is realistic for. the reason why you do human in part is for exploring the unknown, but putting people in an unusual or alien situation. you learn things you would not learn if he stayed at home. there is a wonderful example looking at someone -- and viruses and how they become changed in space. this means there is a gene sequencing issue. if we can figure out how to control but, we could have a potential vaccine for salmonella. that is not the thing that would emerge into a ground based laboratory. it emerges might put people in a very different environment to go into the unknown. human space flight is probably the m

, harry reid, to craft a deal. >> a new ultrasound tool could last blood clots in lungs. >> technology is blamed for the lack of fitness but a company is looking to use the device is to encourage athleticism. >> christmas is over and it is time for the post-holiday sales. >> a discovery getting back to biblical times is under arrest near jerusalem. there were also several sacred vessels. the finds are rare. pope benedict xvi called on catholics to fearlessly support their faith. the pontiff delivered his prayer before a crowd gathered in st. peter's square. he spoke of the first christian murartyrs. the pontiff also expressed support and encouragement of all christians to suffer persecution. nearly 40% of people who suffer from pulmonary embolism face major problems. embolism causes heart to work harder which could lead to heart failure. the usual treatment would be clot-busting madison called = = called tpa. >> it delivers the medications for the catheter but it also has ultrasound energy that helps loosen up the clot and allows the tpa to work faster and more effectively. >> ecos is

are in companies investing in. >> when i was a corporate analyst in india tracking markets, technology was considered the engine of growth for the country and one of the bright spots for the market. is technology still one of the areas you are tell clients to invest in in india, or what are the sectors you're looking at? >> i think there's two sectors whether you look at india, china, or asia. there's two sectors we like. it's technology, as you said. i think that's one that -- it's a bright gem. you know, it went from, in india, from a bpo outsourcing business and has grown to an innovation business where brands are being developed and real technological gains are being had. the other sector we like is health care. the demand for health care in these markets is just continuing to grow steadily. obviously people are having longer lives, having more disposable income for health care and treatment. and so those are two sectors we really like. >> okay. and curious, as an emerging market investor, how closely are you watching the fiscal cliff negotiations here in the u.s., the debt crisis

that galvanized indians. >> our kids were going to be whoever they were going to be. >> but technology can help couples pick the sex of their child. the consequences and the concerns even here in the bay area. ,,,,,,,,,,,,,,,, southern california: a womad a girl died after a car plowed into a bus benchn riverside. thi >>> developing introduce out of southern california. a woman and a girl died after a car plowed into a bus bench in riverside. this afternoon's crash also injured two others. it's unclear what caused the car to mount the sidewalk. >>> highway 1 near big sur is back open tonight. caltrans closed that road sunday after a rockslide. this week an emergency contractor cleared it and fixed the road and stabilized the hillside. the highway reopened to two-way traffic about an hour ago. >>> you don't have to pay to ride on muni tonight. the transit agency is offering free rides to celebrate its 100th birthday. buses, the underground, cable cars are all free. you can still hop on no charge until 5:00 tomorrow morning. >>> big fans. '60s. '70s and '80s the dmv has something new for you. cbs

. at the same time, the nature of military conflict is changing. because of the new technologies like cyber and proliferation of missiles, we are seeing potential adversaries, state and non state actors alike acquire more advanced, hybrid and high- end capabilities designed to frustrate the conventional advantages of our armed forces. this means the military services must remain vigilant and strong and appeared to . to operate in a way that differs significantly from the past. we will continue to face terrorism and deadly attacks by ied's, but we must also be ready for more capable adversaries to attack our forces and homeland in cyberspace. to attack and launch precision strikes against forward bases, to attempt to cripple our power grid, our financial systems, our government systems. to attempt to deny us freedom of action isometric attacks. as i said, the goals of our new defense strategy is to help shape the force of the 21st century. try to adapt our forces and operating concept said that we are better prepared for an unpredictable and dangerous future. we have been determined to avoid

into the early 21st century, the confidence has given way to doubt. technologically newer forms of travel especially airplanes and rocket-propelled capsules provide the sense of extreme danger that had faded during the relatively safer nineteentnineteent h century. equally, it's now clear that imperialism had smoothed the way from early circumnavigate is under political and social conditions that would be unwise and unjust to perpetuate let alone re-create. above all there is a growing sense of the planet as beginning to fight back or shrug us off. that that was environment the cost of planetary dominatiodominatio n that had begun to haunt us. we live with all three legacies of around the world travel, every emerging fear that the planet could simply shrugged this off, continuing confidence if we might be able to generate technology and political alliances to dominate the planet but doubt that it is always wise to dominate it in that way. is especially apparent that the characteristic confidence of the long 19th century was the shortest of planetary experiences. yet it has been the most d

market equation whether they want to go dig deeper, wider, with over the situation is. and the technology of copper mining is getting better so they can - 312 in bisbee. it gets bad but they knew had to do it in a way that saves them money so it is a constant cycle of boom and bust boom and it is even more pronounced if you go to the mining towns meaning the company towns. and in arizona we have company towns. it's rare to find a company in the united states anymore where they have everything, schools, the bar, hotels, the supermarket, the barbershop so every single person in the town is paid by the line. that is true in the biggest one in the united states is in arizona. it's a company town. and it's a very depressing place to go. maybe about 700,000 tons of copper a year so its huge. i don't know if you noticed the design, but they did a great job. any of your questions? what's that? >> [inaudible] >> yeah, exactly. that's right. so, any other questions? >> i find it really fascinating what you said about the fact they just don't know how to control the fact that they are polluting. do

war and it's particularly true of the navy is it six kind of on a technological point in american history things had been changing for some time. the power comes in and the railroads already expanding across the continent but the application of the large-scale warfare in the civil war is one of the first cases where we see that. now the land war probably arguably at least is the most immediate impact was the shoulder muskett which dramatically extended their range the soldiers could fight and at sea there are a number of similarly important technological changes. obviously there is steam that had been around for a generation or more with the application, the universal both on the blockade and those attempting to run the blockade rifled guns just as muskets in the field armies and the artillery extended their range and accuracy thereby hiding elevating the impact of the war ships over the guns ashore going into the civil war. the general motion was turned guns ashore are going to defeat them afloat every time mainly because they don't sink. but with the new rifle ordinance and expl

with the brand new electronics you just unwrapped. our technology editor is here with how to get the best use out of all that gear. >> knowing me, when i open one of those, i'm the first to scratch it, drop it, break it. >>> first, we want to get to some of this news. major damage after strong storms swept through the gulf states. at least three people have died, dozens more are injured from texas to georgia. >> and the news could be getting worse. that storm is moving east with strong winds and snow. winter watches and warnings are posted in 21 states, from texas all the way to maine, including blizzard warnings in seven of those states. our coverage begins with abc's brad wheelis. >> oh, my god, look, that's a tornado. >> reporter: this twister slammed into downtown mobile, alabama, injuring several people. vast swaths of this city were suddenly dark, leaving 17,000 homes and businesses without power. emergency crews blocked roads to better assess the damage, while the rain continued to pour on the city. >> oh, jesus, look at that tornado. >> reporter: another of the more than a dozen tornadoes

? and a technology suite with bluetooth, navigation and other handy stuff? yeahthat would be cool. introducing the all-new nissan sentra. it's our most innovative sentra ever. nissan. innovation that excites. now get a $169-per-month lease on a 2013 nissan sentra. ♪ on a 2013 nissan sentra. let'for an idea.s - a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like lerty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful to be a part of it. clusters of pustules, pimples. i had this shingle rash right next to my spine. the soreness was excruciating. it was impossible to even thi about dancing. when you're dancing, your partner is holding you. so, his hand would have b

years, is the idea that technological advancement might replace some workers. we don't have big heavy guys throwing a box on to a ship like you see in the 1940's movie. they're containerized ships using cranes and they're concerned that further technological advances will replace some people that right now, according to the waterfront commission, about a third of the new york workers make north of $210,000 a year without is special bonuses that come on later. 34 made north of $350,000 a year last year and they're worried about being replaced by machinery and -- for the most expensive port in the world. >> eric: thank you to brett. thank you, sir. >> thank you. >>> is this port strike happen, should unions face a backlash? we contacted the international longshoreman's association again, still no word. we tried it yesterday. we have 64,000 longshoreman to may hold up 50 or 60% of the nation's import and export trade. >> it's worse. when you throw in another looming fiscal calamity. you're damaging the economy at the time it's already suffering damage. >> is what the unions do? think abo

to amputation and traumatic brain injuries forced the medical field an technology to evolve and how the technology is now serving the newly injured war fighter. peck has had 29 surgeries in 2.5 years. >> can't keep up. >> now he lives on a wooded patch of land with his mom lisa in rural virginia. two weeks ago, independence fund gave john a new lease on life and chance to do something that standard wheelchair can't do. head outside and offroad. in to the forest where many of the warriors grew up hunting and fishing. peck drives something known as track chair, new technology developed bay cuple in minnesota that allows the wheelchair to function like all-terrain vehicle. >> i used to ride atvs. i guess i would consider this a tank. >> 27-year-old john peck looks like a boy given his first bmx bike for christmas. >> whee! my darkest fears? was my divorce. >> his young wife left him. >> she couldn't hang with the injuries. she wanted to move forward for me being 6-foot tall and having muscles and everything like that. once i got injured she hung it up. i was a very angry and spiteful p

to the end of 2012, what are the hot trends for the new year? we will look at everything from technology to toys. [ bells dinging ] ♪ hark how the bells, sweet silver bells ♪ ♪ all seem to say throw care away ♪ ♪ from everywhere, filling the air ♪ [ female announcer ] chex party mix. easy 15-minute homemade recipes you just pop in a microwave. like caramel chocolate drizzles. happier holidays. chex party mix. >>> we can't predict the future. josh levs can. we can make some educated guesses but what's ahead in 2013 but josh levs, our chief everything correspondent, is here to tell us what to expect in everything from business to travel to food. josh? >> better than yesterday when you declared me the chief apocalypse correspondent. it's all good. what do we know about what's coming up ahead in the next year? let's start with this >> the world of business and your money, you can expect a continued rebound in housing in 2013. according to our cnn money team. record low mortgage rates and drop in foreclosure led to a rise in prices. cnn senior reporter chris isidore says that will

with somebody. okay. technology is changing leaps and bounds. what happens when you have tvs that can start looking back at you as well? >> a little creepy. we can assure you, we are not doing that right now. >> meanwhile, if you are looking outside, you have to notice something. there's a big storm moving through the bay area. >> let's check in with elizabeth for the first look at the weather forecast this half hour. >> thanks, guys. a big shopping day for a lot of folks. this is what you are getting hit with right now. a lot of rain falling all over the bay area. high def doppler picking it up in the north bay, the south bay, and each day. we will zoom on in for the northbay. there is a heavier cell moving over santa rosa and parts of the state as well. looks like it's picking up among the penance love. we got heavier downpours. no late rain falling over san jose as well. it will taper off after the afternoon gets underway. it is going to end by this evening. for right now it is wet and windy. we have a wind advisory in effect from the north and east to a. until about 1:00 this afternoon

they're in any danger. this volcano last erupted in september. >> new technology is boosting u.s. oil production. we'll take you to a boomtown flush with cash. that story is next. me#> >> glor: with just a few days to go, 2012 will likely set a record high for gas prices. a.a.a. says the average was $3.61 a gallon nationwide this year. that is ten cents more than in 2011. that surge in prices came even though oil production is booming in this country. the u.s. is forecast to overtake saudi arabia as the world's largest oil producer by 2020. ben tracy visited one of america's new boomtowns. >> reporter: in the middle of a colorado cornfield, sandwiched between cattle and farmhouses, is the front line of an american oil boom. >> we plan to invest over $8 billion over the next five years here, so we're extremely excited. >> reporter: mike dickinson works for noble energy, which is doubling its production in weld county. this oil field stretches from colorado into wyoming. in 2008, it produced 83,000 barrels of oil, yet this year it is expected to reach nearly ten million barrels. how dif

by technology. the maritime alliance wants the royalties capped. earlier this month a port strike in southern california, cost an estimated $1 billion a day. netflix is blaming problems at its web service provider, amazon for a server outage that took down its streaming video service on christmas eve and into christmas day. netflix says it worked through the night with engineers at amazon to get the service back up and running. netflix shares rebounded today, rising almost 2%, while amazon shares fell nearly 4%. >> susie: amazon was just one of many stocks in the red today. as we mentioned earlier, stocks were dragged lower by the retail sector after a report showed consumers did not go all out this holiday shopping season. that sent shares of some of the nation's largest retailers lower. macy's fell 1%. upscale retailers coach and saks were hardest hit. walmart and best buy were also modestly lower. volume improved a bit from monday but was still light with many traders still on vacation. no surprise, consumer related stocks were some of the weakest performers in today trading. consumer disc

says it positions its agents where they are most effective, and that increased manpower and technology have dramatically reduced illegal border crossings. >> yes, there is traffic out on those ranch lands. communities continue to be impacted to a certain extent. but you can't discount the fact that the gains that have been made over the course of the last few years. >> reporter: but the ranchers see it differently. >> the border is not secure. the border is worse than it's ever been. >> reporter: they're most afraid when the sun goes down, and their land comes alive with mexican smugglers headed north. mark potter, nbc news, arizona. >> and there's late word tonight of a huge settlement involving toyota and lawsuits related to claims of sudden acceleration in some of its cars. the settlement is worth up to $1.4 billion. some of the money will go to owners who said they sold their cars at reduced prices because of bad publicity over those claims of sudden acceleration. a lawyer for the plaintiffs called it the largest settlement involving auto defects in u.s. history. >>> and coming up

with the great improvements in technology that unleashed the powers of capitalism, and capitalism manage to produce immense wealth. something unpleasant but -- and at the same time produce poverty that had never been known before. the debt is to capitalism what hell is to christianity. unpleasant, but absolutely necessary. in a sense, capitalism is about ecological economics, even though capitalists don't want to hear this. it is about recycling. we had heard of the term by the 1970's, especially about the green movement in europe. capitalism has always been recycling. the process of described is a process whereby the entrepreneur is now forced to be an entrepreneur. the ex-peasants, they did not choose to be entrepreneurs. they had to be. they used debt. bringing it to the present, energizing the production process, producing the wealth from which he hopes that he will be able to repay the debt. the moneylenders, later the bankers. cover for the fact that he had paid wages for capital goods. hoping there is something left for him, for profit. debt is all about intertemporal recycling. b

. heather: helping paralyzed people walk again. the high-tech medical technology helping real-life miracles happen. we will show you how it works greg: president vladimir putin accused of playing politics with the lives of orphans after saying that he is going to sign a controversial ban on adoption by any american of russian children. the state department just minutes ago saying that the idea of this, some of the parents would find her adoptions roseanne, would be unfair to the parents and kids involved. it has already been a controversial subject. the 7-year-old was placed in a plane and his mother saying the boy was violent and her family feared for their safety. russia's foreign minister at the time called the last off after a string of foreign adoption failures. some of the children killed by adoptive parents. joining me now is attorney david wohl and janet jackson. so what is your take on this, david? >> you know, 1999, 45,000 russian kids had been adopted by american families. the vast majority of them engraved loving homes. there have been a few cases of abuse and neglect. no questi

voters online this campaign than we registered altogether in the last campaign. so the technology has made it easier to organize. in a weird way, the technology has made it easier to individualize hour appeal to voters and the dialogue with voters. i think what was done with this campaign was light years ahead of what we did in the last campaign. whoever is in 2016 will have to reinvent it again because the technology changes so rapidly. twitter was nothing four years ago, and look how important it was in this campaign. one other surprise -- i was surprised at how little the republicans invested in the field in their primary campaign. one thing that really benefited us in 2008 was we had a 50- state primary campaign. from the beginning, we were determined to run a very aggressive and field campaign. we set up operations and all the states -- in all the states. in the battleground states, those organizations sustain themselves. in iowa, that was very important. so i would not, given the nature of the process, at least in those early states, if i were running in 2016 i would not do what

win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. >> kelly: a quick check of the headlines. four people have been killed in a plane crash in russia. investigators say the airline careened off the runway and caught fire. no word yet on what caused the crash. >>> the windy city reaches a tragic milestone. chicago police say the city has logged its 500th homicide of the year. the latest victim was shot in the head outside a convenience store. >>> former president george h.w. bush's condition continues to improve. a family spokesperson says he has been moved out of intensive care unit, but remains hospitalized for a bronchitis-related issue. >> heather: as lawmakers try to hammer out a budget deal, president obama is also pushing for another more scaled down proposal. in the meantime just in case that doesn't happen. one, that according to many critics would only deal with half the problem. so is this really the best course of action? first, listen to what the pr

's, essentially, a technology of last resort for the internet. you use it if there is no possibility of direct physical can connections. and there are, you know, fewer and fewer places in the world, fewer and fewer countries that do not now have redundant physical connections. that's, you know, most remarkably that's africa. the last two or three years now have seen b six new cables where previously there was only one. so as much as possible people are eager to move away from satellite not only because of the high cost and the relatively low bandwidth, but because of what's known as the latency, the actual time delay in making that 30,000-mile trip to space and back. >> host: so, mr. blum, these centers, 60 hudson avenue, london, etc., ashburn, virginia, are these when it comes to cybersecurity, would these be prime targets? >> guest: no. i don't think they would be. i mean, i take cybersecurity very seriously, but i think the far greater concern is the threat through the networks, not the threat to the physical infrastructure itself. these are buildings that are relatively well secured. they'

. the company says since they developed the technology, they've helped patients take more than 1 million steps, including some down the wedding aisle. 47-year-old lupe was paralyzed cliff jumping. >> it will change my life. it will make me feel a lot better. >> it took weeks of practice. he knows it's not a perfect cure, but it is one step closer to one. >> i have no doubt in my lifetime they'll be some sort of solution for spinal cord injuries. i firmly believe i'll be able to walk in the future. it's just a matter of time. >> that's certainly fascinating technology when you see that video. someone that cannot walk, straps this on and they're able to walk. but this techn cheap. it's about $150,000 per suit. in a lot of cases health insurance does not cover it. but how do you say no to somebody who just wants to walk again? >> it's not light, as well. the entire suit weighs 45 pounds. the load, though, is transferred to the ground, so the patient doesn't bear that weight. but who knows what the next 10, 20, 30 years holds? >> think about all the other applications for it. we're getting close t

, technology, engineering, and mathematics. the republican measure drew fire from democrats, some democrats, some going so far as to level the measure racist. >> that is acist if not in its intent then certainly in its effect. republicans have received were just received historically low votes from minorities in the past election, yet they want to create an immigration system that gives vises with one hand while taking them away from minorities with the other. lou:joining as now, the co-author of numerous anti illegal immigration laws in a kansas secretary of state, also with us, the attorney, executive director of the national immigration forum. good to have you with t through no fault of their own, brought into the country by their parents. what are your reactions? >> let me react to both bills. i agree that the s.t.e.m. jobs act as an example of a perfectly good bill. what we were doing since 1965, as every year he we were giving away 50,000 green cards in a lottery all over the world. thi what it does is take thoseves t t5,000 visas and gives them awa in a way that serves oured d nation

for retrofitting more than 3 million cars of technology that makes it easier for them to stop. in late 2009, all of 20010 due to lower resail value of the car. toyota has not admitteded any guilt on this topic. >> they get a big chunk of change and the car owners a little bit. >> for many passengers air travel is about finding the cheeps air fair. as airlines offer more and more add-ons from early boarding to premium seating to baggage fees that ability to comparison shop is pretty much impossible. the on-line ticketers like expedia and other bits complain airlines won't provide them to see information the simple way. they are taking up the issue this comes as the airline industry wants to change the rules of the game by collecting personal data on you and how you like to fly and giving you this all in one creative kind of price that meets your specifications. >>> the department of transportation may enact regulations that makes it harder for the airlines to cover these things. lauren simonetti from the fox business network appreciate it. >>> coming up there was a cl chaplain who was fired just

. >> probably, because now there's a lot more distractions, like more technology and whatnot. >> from what they say, i think it is. i think there's just more that we're exposed to now than there was when we were before. so i think it is harder now. >> um...no. i'm gonna go with no, because, like, well, when my parents were teens, they were, like, the war -- vietnam war and stuff, and their parents were, like, kind of like, "hey, go join the war," and they were kind of like, "mm, no." my dad grew up in brazil, so it's a little bit different there. >> i think it's easier, because our parents, like, couldn't escape from their parents, 'cause they didn't have phones or computers. >> yeah, i do because of the work load. school is a lot harder now, i think. >> i do, because there's a lot more technology around. like, when our parents were teenagers, if they had a problem with people, it was sort of a face-to-face combat issue, but nowadays, you could just do it anonymously, and you can really never know who it's coming from. >> if we put it to a vote, i think most teens would agree that life is

in the middle east, and talked about the need for god in a technology-driven world. we have this report. ♪ >> reporter: thousands of faithful packed st. peter's basilica as pope benedict celebrated christmas eve mass. a children's choir sang the traditional hymns, and bells tolled to mark the birthday of jesus. the pope urged followers to find room for god in a modern world filled with technological gadgets. >> hopefully people listen to him and take his words in a spiritual and meaningful way. >> reporter: in his homily, the 85-year-old pope also asked for a solution to the arab/israeli conflict of interest and an end to the civil war in syria. for many tourists, spending christmas here in vatican city and hearing pope benedict speak is a once in a lifetime experience. >> amazing to see so many people here. probably of all faiths. and just wonderful to be a part of it. it's bigger than we are. >> it's something that encourages me to believe even more. >> reporter: before the mass, the pope lit a peace candle outside his window as a larger than life nativity scene was unveiled in st.

, they are rooted in scientific discovery and technological innovation. there has to be a greater appreciation for the role of science and technology in society. we have to get young women engaged early. we found that if young women are engaged in experiments to work, if they are part of the team, it makes a big difference. we try to create an intergene rational mentoring system. when young women come through the ranks through the promotion and tenure process, we have to ensure fairness of the system. it is a complex problem. that is why it is hard for people to talk about it. >> why is it important that there are more women? >> it is important that there be more science. we are about to face what i call the quiet crisis. you have a number of scientists in this country who came of age when i did. they are beginning to retire. those retirements are going to accelerate over the next few years. the second hidden variable is that we depend strongly on immigrants. we have always been a nation of immigrants. i do not think people appreciate how much of our science and engineering work force is made

, advances in technology, a whole host of technologies, gave government officials the power to invade individual privacy in a whole host of new ways. new ways, mr. president, that the founding fathers never dreamed of, and all through those days the congress and the courts struggled to keep up. time and time again, congress and the courts were most successful when they returned to the fundamental principles of the fourth amendment. and it's striking, mr. president, if you look at a lot of the debates that we're having today about the internet and the presiding officer has had a great interest in this, we've talked often about it, certainly the founding fathers could never have envisioned tweeting and twitter and the internet and all of these extraordinary, you know, technologies, but what we have seen as technology has continued to bring us this treasure trove of information, all of these spectacular opportunities, the founding fathers never envisioned, we saw that time and time again, that congress and the courts were most successful when they returned to the fundamental principles o

, then distribution, then production. in conjunction with the great improvements in technology that unleashed the powers of capitalism, and capitalism manage to produce immense wealth, and at the same time produce poverty that had never been known before. the debt is to capitalism what hell is to christianity. unpleasant, but absolutely necessary for it to work. in a sense, capitalism is about ecological economics, even though capitalists don't want to hear this. it is about recycling. we had heard of the term by the 1970's, especially about the green movement in europe. capitalism has always been recycling. the process of described is a process whereby the entrepreneur is now forced to be an entrepreneur. the ex-peasants, they did not choose to be entrepreneurs. they had to be. they used debt. bringing it to the present, energizing the production process, producing the wealth from which he hopes that he will be able to repay the debt. the moneylenders, later the bankers. cover for the fact that he had paid wages for capital goods. hoping there is something left for him, for profit. debt is a

no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. [beep] [speaking foreign language] [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing louder] ♪ i'm feeling better since you know me ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: this song was created with heartbeats of children in need. find out how it can help frontline health workers bring hope to millions of children at everybeatmatters.org. ♪ ♪ >> eric: welcome back, everybody. aryou l >> welcome back. are you like me, still scratching your head why speaker bain asked his caucus to vote and promising them he wouldn't sign it anyway? why he would have anyone sign a document that goes against their fiber, a document that could go against them with their constituents. and republicans are losing the debate on the fiscal cliff. they should be saying this. this is obama's economy. let the president and the democrats own it, lets

a fraction at the moment. 13,139 after a meandering much of the day. the nasdaq hardest hit today. technology has been very volatile recently. still down a fraction right now. 13 points, fraction percentage-wise and the s&p is down 3.33 at 1423. five days left until the fiscal cliff deadline, and though the market has been very resilient to this point, what happens if we go over the cliff and if lawmakers cannot get it together come january 1st? will it be a big meltdown for wall street? that's what everybody wants to know. >> certainly hope know. in today's "closing bell" exchange, former chief economist of the vice president joe biden, oliver perch from gary goldberg and matt cheslock and rick santelli, thank you very much. jarred, you wrote an article called "cliff dive, what the heck happens next?" what does happen next? >> well, that's actually all up to john boehner, as i see it, because if we were to decide to bring the president's most recent small car compromise to the house i actually believe it would pass. the problem for him it would probably pass with mostly democrat vote, but i

in the latest technology. the clock is ticking. so hurry to the final 100 hours of ford's year end celebration. before everything's gone. and one more thing...hurry. get a focus with 2000 cash plus 500 year end bonus cash with no charge sync and sound during the final hundred hours of the ford year end celebration. only at your local ford dealer. >>> well, washington's division and dysfunction threatened our economic recovery, some american cities are working their way back after decades of tough times. recently, i traveled to youngstown, ohio, and caught a glimpse of hope deep in the rust belt. >> this is your father's first restaurant? >> the first one. >> what street was it, do you remember? >> wick avenue. >> wick avenue. >> yes, i've seen it in many different phases. but he taught himself english. he taught himself to read the newspaper, and he became a very successful businessman. as he would say, only in america. youngstown was prosperous, and downtown youngstown was really prosperous. it was wonderful to go to downtown youngstown and be all dressed up in gloves and hat and going in and

, the technology revolution. and one reason i think that it's really pretty clear that those are key drivers is this is a global phenomenon. and i do sometimes think the american discourse about it tends to be very american. so i'm always quite entertained when i read about, you know, a paper that says rising income inequality in the united states is due to this one particular law passed in the 980s. -- 1980s. okay, then how does that account for rising income inequality in canada or, indeed, even in france, in germany, in the united kingdom? i mean, it's happening all over the world, it's also happening in emerging markets. but i think it is important to face that scary because if you see it just as a political phenomenon, you know, you're going to lose sight of what i think is the biggest challenge which is that these, actually, quite benign economic forces, right? i love the technology revolution, i'm a google addict. they're also drivers of social and political consequences which are not quite so benign. the way i like to look at it, and this is a quote from peter orszag, is, you know, h

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